Hangar 2 , North Weald Airfield, Merlin Way, North Weald, Epping, Essex, CM16

share

bookmark

The property comprises a detached former aircraft hangar located on North Weald Airfield. The property is of steel frame construction with a steel-clad elevation and a pitched clad roof incorporating translucent roof lights. The unit benefits from clear span space making it ideal for warehouse use. There are loading doors to both ends of the properties with both leading on to concreted yard areas. The airfield is securely fenced and gated.

LOCATION
North Weald is located within 3 miles of the M11/A414 interchange, providing a strategic location with direct access to London via the M11 southbound, and Cambridge in the northbound direction. At junction 9 of the M11 is the A11 which feeds onto the A14 which in the eastbound direction provides access to the port of Felixstowe. Junction 6 of the M11 provides access to the M25 and is located approximately 7 miles to the south. The unit is located on the North Weald Airfield, where there are a number of industrial / storage users in similar accommodation spread out over the southern end of the airfield.

ACCOMMODATION
[Approximate Gross Internal Floor Area]
Total: 29,519 sq ft [2,742 sq m]

ENERGY PERFORMANCE CERTIFICATE [EPC]
We have been advised the premises falls within Band C (54) of the energy performance assessment scale. A full copy of the EPC assessment and recommendation report is available upon request.

PLANNING
We understand the premises has an established B8 Warehouse. All parties are advised to speak to the Local Authority for clarification of their intended use.

SERVICES
We understand the property is connected to mains water and three phase electricity. We have not tested any of the services and all interested parties should rely upon their own enquiries with the relevant utility company in connection with the availability and capacity of all of those serving the property including IT and telecommunication links.

BUSINESS RATES
We are advised that the premises have a rateable value of £88,500. Therefore estimated annual rates payable of approximately £48,321 (2024/25). Interested parties are advised to make their own enquiries.

TERMS
The property is available on a new lease for a term to be agreed.

RENT
£390,000 Per Annum Exclusive.

VAT
We understand VAT is not applicable.

LEGAL COSTS
Each party to bear their own legal costs incurred in this transaction.

ANTI-MONEY LAUNDERING REGULATIONS
Anti-Money Laundering Regulations require Fenn Wright to formally verify a Prospective tenant's identity prior to the instruction of solicitors.

VIEWINGS STRICTLY BY PRIOR APPOINTMENT VIA JOINT LETTING AGENTS:

Fenn Wright
Contact: James Wright
T: 01245 261226
E: jw@fennwright.co.uk

Derrick Wade Waters
Contact: James Issako
T: 01279 620200
E: ji@dww.co.uk

( Agency Pilot Software ref: 14870652 )